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Dec 3, 2012
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last year we were dealing with europe was the front part of this burner of policy. the esm was established. it looked like we were in a place where we could get systemic risk off the table. markets were facing heavy flows of deleveraging. i think the fiscal cliff we are spending a lot of time on and we will continue to see deleveraging of trades that have worked because of all of the tax implications. i don't think you can be sure this is the same santa claus rally that you want to blindly buy. last year was very painful to people who thought fundamentals would win out. you ran into deleveraging flows that were related to policy. if you don't think we are not going to have policy issues through the end of the year you are crazy. >> i think we all do the same, i believe that you can time the market and pick stocks. i know people believe that. it is interesting that today we talked about ranges in the s&p. i think we have done a good job. look at where we traded up to that 1425 that we have talked about being resistance number of times. i don't want to make a big deal
last year we were dealing with europe was the front part of this burner of policy. the esm was established. it looked like we were in a place where we could get systemic risk off the table. markets were facing heavy flows of deleveraging. i think the fiscal cliff we are spending a lot of time on and we will continue to see deleveraging of trades that have worked because of all of the tax implications. i don't think you can be sure this is the same santa claus rally that you want to blindly buy....
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Dec 13, 2012
12/12
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things that drove the cycle was the presidential election, our markets were undervalued relative to europe and apple. driving our whole consumer technology complex. and all three of those are going to be missing in '13. factor in the fiscal cliff and there's a lot of uncertainty going forward. >> what about the fed? positive buys towards good corp rate earnings and the fact that we're trading at very low multiples over the last five years measured in terms of what could be potential growth. jamie dimon said -- just giving the other point of view. >> in march of 2013, the bull market will be four years old. that's pretty long in the tooth. we all know the liquidity factor from the fed and boosting asset prices, but that's yesterday's news. i think the uncertainty is, the first year of a presidential cycle. lots of areas where the market could run into glitches and i think it's a great time to play defense. >> can i correctly assume that the power gauge on apple is negative, in the near term, if you are mentioning that as one factor of being bearish in 2013? >> power gauge is neutral. it's b
things that drove the cycle was the presidential election, our markets were undervalued relative to europe and apple. driving our whole consumer technology complex. and all three of those are going to be missing in '13. factor in the fiscal cliff and there's a lot of uncertainty going forward. >> what about the fed? positive buys towards good corp rate earnings and the fact that we're trading at very low multiples over the last five years measured in terms of what could be potential...
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Dec 12, 2012
12/12
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happened in europe, might, maybe happening in japan this year. i think the u.s. has a long way to go before the markets lose confidence in them. >> kayla, did they address that in terms of what the catalyst would be for determining when that trade would be put on? >> no, melissa, they really didn't. they said, you'll know it when you feel it and the point was, everyone is really looking at dalio, because he's been right in the past and he's a guy that can't put his finger on it. he feels which way the wind is blowing, but he said late 2013. everyone was latching and they said, we're going to call you and see if you still agree with that. >> if only we had a finger like ray dalio, we could all be millionaires. kayla, thank you. all right, b.k., would you be looking to put that trade on yourself? >> not not. in fact, i bought some tips today and i think that's the way to do that. if you get inflation protection but in case this whole thing doesn't work, you get deflation protection, because the principle is protected. one of the best trades out there. >> fast or fi
happened in europe, might, maybe happening in japan this year. i think the u.s. has a long way to go before the markets lose confidence in them. >> kayla, did they address that in terms of what the catalyst would be for determining when that trade would be put on? >> no, melissa, they really didn't. they said, you'll know it when you feel it and the point was, everyone is really looking at dalio, because he's been right in the past and he's a guy that can't put his finger on it. he...
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Dec 12, 2012
12/12
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then they move on to discounted exporters on europe's periphery. you have to be careful there. but if you want it add risk to your portfolio, that's where they are going. and small self help united kingdom company. >> a very eclectic mix. >> i was at world economic forum, the winter world economic forum in china. >> right. >> that's all anything anybody was talking about. what they were talking about is businesses building product for internal consumption. that's where the growth will come from. >> that's why when the trade figurers came out in china, people weren't concerned about it. they were more concerned about their own internal growth. >> and that policy makes that shift to a more balanced policy. >> well watch this market closely with you guys. thank you so very much, ty, over to you. >> fed chief bernanke set to give his conference about 2:00 eastern time. and how would you grade the fed when it comes to the economy? go to finance.yahoo.com. let's see how the fed action is playing out in the bond market. and why don't we ask you, rick san telly? you grade bond auctions
then they move on to discounted exporters on europe's periphery. you have to be careful there. but if you want it add risk to your portfolio, that's where they are going. and small self help united kingdom company. >> a very eclectic mix. >> i was at world economic forum, the winter world economic forum in china. >> right. >> that's all anything anybody was talking about. what they were talking about is businesses building product for internal consumption. that's where...
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Dec 19, 2012
12/12
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in europe we see green arrows. the biggest gainer is in france, up a half percent and the same story with the ftse in london. >>> our two investors, ralph schlosstein and ceo and blackrock co-founder and glenn hutchins co-founder of silver lake partners. and also joining us is congressman steve israel chairman of the democratic congressional campaign. i don't know how long it takes to become a billionaire, how long does it take? >> a lifetime. >> since we have the congressman with us, i know you have to run, congressman, tell us where we stand now. we heard about this plan b. do you purely view that as what we see often, a stalking horse in washington? do you think boehner and the president can actually get together and work out a deal before christmas or before the 1st? >> yes to both questions. a few weeks ago, i met with some ceos connected with fix the debt. they said to me a bad deal would be worse than no deal. what speaker boehner has done with plan b is combine the worst elements of a bad deal and no deal.
in europe we see green arrows. the biggest gainer is in france, up a half percent and the same story with the ftse in london. >>> our two investors, ralph schlosstein and ceo and blackrock co-founder and glenn hutchins co-founder of silver lake partners. and also joining us is congressman steve israel chairman of the democratic congressional campaign. i don't know how long it takes to become a billionaire, how long does it take? >> a lifetime. >> since we have the...
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Dec 14, 2012
12/12
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europe seems to be fixed. it's fixed. even though they're in a bit of a recession, a lost generation in spain, are they really fixed? we'll ask mark grant the tough questions bottom of the hour. , we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> facebook experiencing its fourth lockup today. today 160 million shares hitting the market. our next guest is an author of the book "the facebook era" clara shih the president of a company that has enterprises with large store networks on facebook linked in and other social networks. welcome back and good to see you again. >> good to see you. thanks for having me. >> i wonder what your take is short
europe seems to be fixed. it's fixed. even though they're in a bit of a recession, a lost generation in spain, are they really fixed? we'll ask mark grant the tough questions bottom of the hour. , we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our...
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Dec 17, 2012
12/12
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europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal cliffwise and we actually start tackling some of these long-term issues, you know diffident taxes are heading up. what -- is the market spring loaded so that if we get what we want it will be a really solid advance that we get? >> solid, look, joe, and in a muddle through economy solid is only a mid teen number. we're not going to get 30% gain. >> put the two years together we could have 30, if we get some of the things -- >> we had three straight years at 30. >> that was a different world. earnings were higher. they're flagging a bit now. >> if everybody gets what they want with this, even the corporations aren't suddenly unleashed, either, with all their corporate -- >> it's going to be slow. the linger of the debt wind-down and the residual issues. that takes years to unravel. >> we have not talked individual stocks. when you see what's happened with apple, what do you think? >> apple starting to have more
europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal cliffwise and we actually start tackling some of these long-term issues, you know diffident taxes are heading up. what -- is the market spring loaded so that if we get what we want it will be a really solid advance that we get? >> solid, look, joe, and in a muddle through economy solid is only a mid teen number. we're not going to get 30% gain. >> put the two years together we could...
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rates of elderly poverty much higher rates of infant mortality than do most of the nations in western europe and nordic countries is that we have a much more did else equal is much. america is a country that is very pluralistic and there are many people who want to give their money to organizations that will not be restricted in the way the government's restricted in the way it does help people who are less fortunate for instance in we know that faith based charities have have a far more successful right in rehabilitating people who for instance in prison systems and we would have separated our lives and i don't know that free and i believe and i believe i know there actually is there actually is a great deal of compelling evidence i believe in separation of church and state i believe that the government shouldn't be. putting faith into what it does in helping but face does help in fact in the texas prison system the colson based ministry when it was doing faith based rehabilitation in the prisons they had no one come back to prison that's a one hundred percent success rate and they had two
rates of elderly poverty much higher rates of infant mortality than do most of the nations in western europe and nordic countries is that we have a much more did else equal is much. america is a country that is very pluralistic and there are many people who want to give their money to organizations that will not be restricted in the way the government's restricted in the way it does help people who are less fortunate for instance in we know that faith based charities have have a far more...
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Dec 22, 2012
12/12
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nowhere in europe had he experienced that. this technology was doing something to support the life and the growth of the city. philadelphia, throughout the 19th century, was the major industrial city of the united states. all of these industries used water from this system. and it served as a prototype for many american cities, including pittsburgh and new york. man: new york city went to philadelphia and said, "you know, we're thinking of developing a hudson river water supply -- what do you suggest we do?" and they said, "we've had "a lot of problems on the schuylkill. "don't go to the hudson river. go to the upland and work by gravity." and that's what new york city did. they first went to the hudson highlands, but 150 years later, it went to the delaware highlands. and really diverted the water that normally went to philadelphia to new york city. i don't think they anticipated that. narrator: the majority of new york city's drinking water comes from watersheds in upstate new york. a watershed is the area of land where wate
nowhere in europe had he experienced that. this technology was doing something to support the life and the growth of the city. philadelphia, throughout the 19th century, was the major industrial city of the united states. all of these industries used water from this system. and it served as a prototype for many american cities, including pittsburgh and new york. man: new york city went to philadelphia and said, "you know, we're thinking of developing a hudson river water supply -- what do...
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Dec 12, 2012
12/12
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it's all about recapitalizing the banks in europe. >> something very important is happening in europe. the money is beginning to flow to where we want it in order to build the firewalls against contagion. after so much debate, a lot of the banks are higher in europe at the moment. importantly, yesterday spain got its 40 billion euros to recapitalize its banks. now in brussels, a finance ministers' meeting is beginning, which they will say, look, greece, we will make up the half billion that you're short on the bond buy-back. a deal is a deal. and this month, 34 billion euros will flow from bailout funds into the greek banks to recapitalize them. more importantly perhaps, tomorrow we go into a full meeting of all 27 heads of state of the european union. germany is back down. looks like we have a deal on banking union. the ecb will supervise all banks presumably in the euro zone. that means the ecb will be able to directly tap into those bailout funds and recapitalize the banks, plugging in across the euro zone. this is hugely important in building those firewalls against contagion. the
it's all about recapitalizing the banks in europe. >> something very important is happening in europe. the money is beginning to flow to where we want it in order to build the firewalls against contagion. after so much debate, a lot of the banks are higher in europe at the moment. importantly, yesterday spain got its 40 billion euros to recapitalize its banks. now in brussels, a finance ministers' meeting is beginning, which they will say, look, greece, we will make up the half billion...
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Dec 24, 2012
12/12
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we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or
we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ executor of efficiency. you can spot an amateur from a mile away... while going shoeless and...
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rates of elderly poverty much higher rates of infant mortality than do most of the nations in western europe and nordic countries is that we have a much more constrained and constricted public sector that all else equal is much more efficient and effective at providing basic human needs of food shelter access of education etc and i think that in some ways sort of we we miss the ways in which we out lie among the rest of the nations in the world and the costs that we bear in relegating so much that private philanthropic sector ok richard i want you to jump in there you've been very patient well if you it's going to be well first of all america is a country that is very pluralistic and there are many people who want to give their money to organizations that will not be restricted in the way the governments restrict it in the way it does help people who are less fortunate for instance. we know that faith based charities have a far more successful right in. for instance in prison systems we have separate authorities as i don't there's a country and i believe and i believe i know there actually i
rates of elderly poverty much higher rates of infant mortality than do most of the nations in western europe and nordic countries is that we have a much more constrained and constricted public sector that all else equal is much more efficient and effective at providing basic human needs of food shelter access of education etc and i think that in some ways sort of we we miss the ways in which we out lie among the rest of the nations in the world and the costs that we bear in relegating so much...
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Dec 27, 2012
12/12
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europe 20 through wh-- europe 2 what was our 2008. >> you think merkel gets re-elected? >> at this point. she seems to be doing okay. if merkel gets re-elected, she will be a major outlier. the general rule of thumb for almost all politician, you never survive a debt crisis. germany doesn't have a debt crisis, the rest of europe. she may survive compared to every other government. >> it will be fascinating to see if she wins how her policy changes with less political risk. >> once you don't have to battle the god of re-election, everything changes. >> as we have seen in this country. >>> a winter storm slamming the east coast and impacting the northeast, after the break. >>> the latest place banks are turning to in the hunt for yield. am [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low t. so talk to your doctor about low t. hey, mi
europe 20 through wh-- europe 2 what was our 2008. >> you think merkel gets re-elected? >> at this point. she seems to be doing okay. if merkel gets re-elected, she will be a major outlier. the general rule of thumb for almost all politician, you never survive a debt crisis. germany doesn't have a debt crisis, the rest of europe. she may survive compared to every other government. >> it will be fascinating to see if she wins how her policy changes with less political risk....
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Dec 5, 2012
12/12
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and europe. there's not development the last few years. that is, of course -- that hampers our growth. >> it hampers growth but makes you more -- the ones that are existing would be more dear, wouldn't they? >> exactly. inventory is slowing down. as a company, you need to grow. you need new destination, you need new availability for your guests. we need to have more deals frankly in the u.s. in asia, it's growing all around. construction in bangkok, in japan, in russia, in middle east. we're growing all around, in russia and in china. however, growth is not taking place in the u.s. and europe. and for major developments. >> we talked about back when greg was dealing with the financial crisis. we questioned whether luxury was going to be something to invest in. >> oh, absolutely unquestionably. >> nothing will change? >> the one thing we have to understand, though, luxury is changing. what you call luxury today, the traditional five-star hotels. they will be known as affordable luxury. and then th
and europe. there's not development the last few years. that is, of course -- that hampers our growth. >> it hampers growth but makes you more -- the ones that are existing would be more dear, wouldn't they? >> exactly. inventory is slowing down. as a company, you need to grow. you need new destination, you need new availability for your guests. we need to have more deals frankly in the u.s. in asia, it's growing all around. construction in bangkok, in japan, in russia, in middle...
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Dec 11, 2012
12/12
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this is all about the access to europe and heathrow, correct? >> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can you do that singapore air could not do? is it about that access between new york and london? >> yes. and it's about geography. singapore is a long way away from london. and the traffic flows between singapore and london are light. a couple hundred people a day between singapore and london. whereas the traffic flows between the u.s. and uk for business travelers represent $2 billion in annual revenue. so it's massive. massively larger, and the geography is a lot closer. >> you're expecting approval perhaps by the middle of next year. once that happens when will you say
this is all about the access to europe and heathrow, correct? >> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can...
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Dec 24, 2012
12/12
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he said he wants more europe, not less of it. he just doesn't believe in all the austerity policies that have been put in place. and he made fun of mario monti during the interview. said mario monti has done a great job, every single economic indicator is lower. unemployment is higher, the gdp is lower, et cetera. the only thing that hasn't been dramatically is the spread between the italians and the germans bonds, and he says who cares about that. >> all right. happy holidays. >> merry christmas. >> merry christmas. >> wearing green. >> coming up -- >> you are wearing green. >> 'tis the season for last-minute shopping. procrastinators rushing to the stores. we're going to ring up the retailers, which companies and which stocks have been naughty this year. which have been nice? >>> welcome back to "squawk box." this morning on this christmas eve special -- do we call it a special edition of "squawk box"? it's always special. let's get you to some of the morning headlines. it is a shortened trading day on wall street with stock ma
he said he wants more europe, not less of it. he just doesn't believe in all the austerity policies that have been put in place. and he made fun of mario monti during the interview. said mario monti has done a great job, every single economic indicator is lower. unemployment is higher, the gdp is lower, et cetera. the only thing that hasn't been dramatically is the spread between the italians and the germans bonds, and he says who cares about that. >> all right. happy holidays. >>...
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Dec 21, 2012
12/12
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the market is buying up europe now on the assumption europe is going to recover into q1, q2. the only way they can recover because they're an export driven continent is selling to us. the whole scenario blows up, that's why it's so important to make sure we negotiate some sort of a deal going forward. >> boris -- >> greater sensitivity is in asia, right? china's got this fledgling recovery going. if you look at the trade numbers, they're extremely weak into the european bloc. they're okay into the u.s. bloc. but u.s. demand deteriorates, then there's no chinese recovery. and then the bid for commodities and all the demand related to that gets -- >> right. you said it, barry, because it's been signaling that in the currency market because the aussie dollar which is the proxy for the risk trade for asia has been very weak relative to the eu euro. that's signaling the market is very concerned about that going forward. >> copper, as well, i think is another indicator. >> you know, roger, i hear all of this, and you're somebody who knows what happens behind the scenes in washingto
the market is buying up europe now on the assumption europe is going to recover into q1, q2. the only way they can recover because they're an export driven continent is selling to us. the whole scenario blows up, that's why it's so important to make sure we negotiate some sort of a deal going forward. >> boris -- >> greater sensitivity is in asia, right? china's got this fledgling recovery going. if you look at the trade numbers, they're extremely weak into the european bloc....
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Dec 31, 2012
12/12
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from the fed was enough to overcome worries about a weakening global economy, and a debt crisis in europe. but many small investors have missed out on the market's gains this year. on the whole, they've taken money out of stocks, and put it into bonds. >> small investors have become dubious of equities because essentially from 1999 until the beginning of this year, there was no return on equities. they feel they're at a disadvantage to institutional investors and computerized trading. the economy has been lackluster. >> reporter: some of the most aggressive stock buyers have been institutional investors and hedge funds-- searching for ways to make money in a low interest rate environment. many international investors also bought us stocks-- seeing them as more attractive alternatives to investments in emerging markets and europe. >> stocks won by default. it was the last remaining standing asset where you could get some dividend yield. where you could get a little bit of earnings growth. and where quality companies could deliver you a higher ann tt jthinpuusurttg urtn than just putting yo
from the fed was enough to overcome worries about a weakening global economy, and a debt crisis in europe. but many small investors have missed out on the market's gains this year. on the whole, they've taken money out of stocks, and put it into bonds. >> small investors have become dubious of equities because essentially from 1999 until the beginning of this year, there was no return on equities. they feel they're at a disadvantage to institutional investors and computerized trading. the...
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Dec 29, 2012
12/12
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one part of europe is doing very well. germany, france, northern europe, generally speaking. italy, spain, portugal, greece and ireland, hungry are in terrible shape. serious terrible shape. and because some folks don't pay attention to numbers, here's a chance for a statistic to help. students of mine, professors who came to the united states to study the universities where i taught. now professors at the university of acton, major universities increased. today their salaries as we speak are 40 percent less than what they were in may of 2010. try to imagine yourself in a job that you've kept in which the money you get every week is 40% less. police, fire, school teachers, social workers, you name it. .. governments in france and germany have been very frightened since they too are facing an economic crisis and they too are trying to solve it by making demands of their people to pay for something we come in to. they have chosen to use a very dangerous strategy particularly warm germany and the strategy goes like this. we the government are your friends, you the german working
one part of europe is doing very well. germany, france, northern europe, generally speaking. italy, spain, portugal, greece and ireland, hungry are in terrible shape. serious terrible shape. and because some folks don't pay attention to numbers, here's a chance for a statistic to help. students of mine, professors who came to the united states to study the universities where i taught. now professors at the university of acton, major universities increased. today their salaries as we speak are...
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it sort of lends it self-- they're doing themselves a disservice and if you look at the structure in europe where mcdonald's is very large, le mcdonald's hamburger is a dollar and a half more so that's really added labor costs. >> brenda: gary b, we're the not just talking about fast food, we've seen it at wal-mart, at airports, at the shipping ports and they're flexing their muscles. >> absolutely, and they have the backing of the current administration, and i don't dismiss what jonas says that unions are going to these quote, unquote, highly skilled. i member, i worked in a cardboard box factory, i had to join the teamsters and i worked as a supermarket cashier, i had to join the retail clerks union. so could it get to fast food? absolutely. you're right, brenda, it can because they're flexing their muscle and have the backing of the current political environment. >> brenda: larry. >> brenda, the younes need to reinvent themselves. if they need to get into my skilled jobs and earn higher wages and that's the key. >> you're right and the idea of organizing the lowest end of the structure h
it sort of lends it self-- they're doing themselves a disservice and if you look at the structure in europe where mcdonald's is very large, le mcdonald's hamburger is a dollar and a half more so that's really added labor costs. >> brenda: gary b, we're the not just talking about fast food, we've seen it at wal-mart, at airports, at the shipping ports and they're flexing their muscles. >> absolutely, and they have the backing of the current administration, and i don't dismiss what...
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Dec 20, 2012
12/12
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the nyse does not have a clearing business in europe and ice does not have an equity business. so this will likely go through with regulators. the two have agreed the ice will clear in the nyse in london for the european futures and derivatives business. that's really what the jewel of this deal is. with this in effect, duncan doing this deal has basically, you know, locked it up, putting a limit on any other players coming in and wanting to pay up because nobody's going to try to come in and try to break this deal up because of the clearing business. it's clear they won't be able to break up the clearing agreement which is in place and makes trying to break this deal up way too expensive for anybody else. sources have mentioned the cme to me, as well as the hong kong exchange as players who may want to try and break this up. but, again, my sources say no way they're going to do that because of this clearing agreement that has been done and is in place. >> that is fascinating, maria. it does appear to have been cleverly constructed. hard to imagine that the cme is going to take
the nyse does not have a clearing business in europe and ice does not have an equity business. so this will likely go through with regulators. the two have agreed the ice will clear in the nyse in london for the european futures and derivatives business. that's really what the jewel of this deal is. with this in effect, duncan doing this deal has basically, you know, locked it up, putting a limit on any other players coming in and wanting to pay up because nobody's going to try to come in and...
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for a diverse holiday for those who are not afraid to travel ten thousand kilometers from europe the question is whether this distant land would ever be able to become a major tourist destination. my name is dennis i made this movie and there are a few things you should know about me right from the jump i'm not an expert on the economy climate change or foreign policy i'm also not an expert on sustainable farming systems the history of social movements or lego's the occupy movement has experts on all those things and more not really want to i'm happily married husband a father of two fantastic children i live on a main street in a small new england town with actual white picket fences i made this movie for you me and everyone we know in the hope that we can create a world where human need comes before corporate greed so why does it feel almost un-american to say that think about it this way just go with me for a second here you know that scene from the oliver stone film wall street when gordon gekko played by michael douglas in a role that would win him an oscar appears at a sharehol
for a diverse holiday for those who are not afraid to travel ten thousand kilometers from europe the question is whether this distant land would ever be able to become a major tourist destination. my name is dennis i made this movie and there are a few things you should know about me right from the jump i'm not an expert on the economy climate change or foreign policy i'm also not an expert on sustainable farming systems the history of social movements or lego's the occupy movement has experts...
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Dec 25, 2012
12/12
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KCSMMHZ
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then as we look into europe, several storm systems pushing across central and western europe bringing heavy rain showers at times. but temperatures on the mild side. london and paris at 9 and 11. really cools off in moscow. minus 1 for your high on your wednesday. here is a look at the extended forecast. >>> we'll be back in 30 minutes with more news. i'm gene otani in tokyo. from all of us here at nhk world, thanks very much for joining us. have a great day wherever you are.
then as we look into europe, several storm systems pushing across central and western europe bringing heavy rain showers at times. but temperatures on the mild side. london and paris at 9 and 11. really cools off in moscow. minus 1 for your high on your wednesday. here is a look at the extended forecast. >>> we'll be back in 30 minutes with more news. i'm gene otani in tokyo. from all of us here at nhk world, thanks very much for joining us. have a great day wherever you are.
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Dec 26, 2012
12/12
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CNBC
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today's boxing today, so there's holidays throughout europe. continue to buy dips on the euro. leave a tight stop 131.20. look for three times on the upside, around 130, 133. tricky during holiday trading. keep it very simple and go with the trend. >> you know, andy, i'm interested that you've chosen to do that, because it flies in the face of an article written by the journal a couple of days ago in which they were suggesting that the fiscal cliff trade here whenever you get bad news from washington is buy the dollar as a safe haven. you're going the other way here. >> right. well, i think there's going to be some battles. i think most of the market feels you will get forward movement when congress comes back. you're going to get a very watered-down plan to punt this forward. that's something i've been telling clients for about three months. that's my expectation, punt forward, but not going to be very pleasant. >> good to see you, andy. hope you had a good holiday. andy busch with "money in motion." catch currency trading on friday at 5:30 p.m. eastern. if you want more educa
today's boxing today, so there's holidays throughout europe. continue to buy dips on the euro. leave a tight stop 131.20. look for three times on the upside, around 130, 133. tricky during holiday trading. keep it very simple and go with the trend. >> you know, andy, i'm interested that you've chosen to do that, because it flies in the face of an article written by the journal a couple of days ago in which they were suggesting that the fiscal cliff trade here whenever you get bad news...
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Dec 24, 2012
12/12
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CNBC
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we hit europe again as we had the last two years previously. but this last quarter, i think there's been a lot more optimism, even with the fiscal cliff sitting there, as sort of this potential, real roadblock at the end of the year. perhaps even too much optimism some would say. when you speak to ceos, there's still a lack of confidence, i would argue on the part of many of them, that you would like to see more of. perhaps a reflection of their concerns about the fiscal crisis that may weigh on our tax spending policies. >> we'll start over the next week or so talking about performers for the year. top s&p performer is pulty, which says how people are viewing how people will view what's driving the economy in the coming year. bank of america has doubled. worst performer on the dow, hpq. there will be crystallizations of what happened overall. >> the perspective on this whole thing is the s&p 500 is still up 14% year-to-date. despite the extraordinary circumstances, it's been a gang buster year for the markets. unfortunately, the average u.s. i
we hit europe again as we had the last two years previously. but this last quarter, i think there's been a lot more optimism, even with the fiscal cliff sitting there, as sort of this potential, real roadblock at the end of the year. perhaps even too much optimism some would say. when you speak to ceos, there's still a lack of confidence, i would argue on the part of many of them, that you would like to see more of. perhaps a reflection of their concerns about the fiscal crisis that may weigh...
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so matthew what qualifies as a white person a white person would be i mean a caucasian someone from europe stretching all the way from that darien peninsula all the way to russia and who's going to be allowed in your group when everyone's going to allow the group that's actually the one thing that people understand it's not a whites only group it's people who are standing in advocating for white interests just as there is white members of the black student union on campus and there's black and hispanic members and asian members and jewish members in our group that works for the best interest of hispanics so it's the idea that we're not limiting people from coming and it's an open door if you believe in white culture if you want to protect white culture in advance white interest and fight discrimination on campus you can join ok so if you extract black people minority students hispanics anybody but in a recent interview you said with that with the big picture host tom hartman that you don't consider jewish people like you can you explain short well i mean it's the idea if you look in terms
so matthew what qualifies as a white person a white person would be i mean a caucasian someone from europe stretching all the way from that darien peninsula all the way to russia and who's going to be allowed in your group when everyone's going to allow the group that's actually the one thing that people understand it's not a whites only group it's people who are standing in advocating for white interests just as there is white members of the black student union on campus and there's black and...
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Dec 13, 2012
12/12
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CNBC
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also juicy news out of europe. european leaders have agreed to hand over the next batch of loans to greece. the country will get about 48 billion euros between now and march and the european union finance ministers have reached a landmark deal on banking supervision that makes european central banks the region's top banking supervisor. it will be approved by eu leaders later today. and solar city going public today. it was supposed to happen yesterday. solar equipmentmaker sold 11.5 million shares at $8 per share. but that is below earlier estimates of $13 to $15 per share. and ivan musk still going to make a lot of money doing that. one other story to note,s new york city's taxi and limousine commission voting today on a proposal that would permit taxi drivers to use taxi hailing apps. we've talked about this before like uber. the use of taxi handling apps, smart phone apps like uber, haywell and others rising sharply around the country. i use it sometimes. there is some pushback, though, on these apps. a group of
also juicy news out of europe. european leaders have agreed to hand over the next batch of loans to greece. the country will get about 48 billion euros between now and march and the european union finance ministers have reached a landmark deal on banking supervision that makes european central banks the region's top banking supervisor. it will be approved by eu leaders later today. and solar city going public today. it was supposed to happen yesterday. solar equipmentmaker sold 11.5 million...
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Dec 16, 2012
12/12
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KCSM
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after another short tunnel ride, you emerge at 11,000 feet, the top of europe. spectacular views of majestic peaks
after another short tunnel ride, you emerge at 11,000 feet, the top of europe. spectacular views of majestic peaks
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Dec 27, 2012
12/12
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CNBC
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so, nice news in europe. joe? >> president obama and the senate are back in washington, from their holiday break to take part in further talks on fiscal cliff negotiations. joining us from new york is democratic strategist keith boykin and republican strategist susan del percio. keith, i'm going to start with you, because, you know, howard dean has been on more than a few times, he's a cnbc contributor. he said a month ago or a month and a half ago the best deal the democrats are going to get is to go over the cliff. why shouldn't we have listened to him and sort of seen the future? >> i don't know. i don't know that howard dean can predict how anyone can predict that. definitely there's some more leverage for the democrats after december 31st. the tax cuts expire, sequestration begins to take effect. the reality is no one wants to go over the cliff. neither republicans nor democrats. >> no, he does. >> well, i think for the -- >> so it's not no one. it's maybe -- >> no one should not be taken too literally when i
so, nice news in europe. joe? >> president obama and the senate are back in washington, from their holiday break to take part in further talks on fiscal cliff negotiations. joining us from new york is democratic strategist keith boykin and republican strategist susan del percio. keith, i'm going to start with you, because, you know, howard dean has been on more than a few times, he's a cnbc contributor. he said a month ago or a month and a half ago the best deal the democrats are going to...
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Dec 31, 2012
12/12
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KGO
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. >>> sales of champagne going flat in europe. with the continent's ongoing economic problems give them not a lot of reasons to pop open the bottles. >> open the prosecco. it's ten bucks a bottle and tastes almost the same. >>> when we come back, new threats against americans from one of al qaeda's most ruthless branches. >>> who is rolling into the playoffs in the nfl? stay with us to find out. ♪ ♪ ♪ ♪ ♪ [ female announcer ] nothing gets you going quite like the power of quaker oats. today is going to be epic. quaker up. [ woman ] too weak. wears off. been there. tried that. ladybug body milk? no thanks. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. it's so powerful you can skip a day... but light enough you won't want to. dermatologist recommended eucerin. the end of trial and error has arrived. try a free sample at eucerinus.com. you're always on, so we're always ready. tyson grilled & ready chicken. no preservatives, 98% fat fr
. >>> sales of champagne going flat in europe. with the continent's ongoing economic problems give them not a lot of reasons to pop open the bottles. >> open the prosecco. it's ten bucks a bottle and tastes almost the same. >>> when we come back, new threats against americans from one of al qaeda's most ruthless branches. >>> who is rolling into the playoffs in the nfl? stay with us to find out. ♪ ♪ ♪ ♪ ♪ [ female announcer ] nothing gets you going...
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Dec 12, 2012
12/12
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FOXNEWSW
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the justice department announced agreement with hsbc the biggest bank in all of europe. as part of of the deal hsbc agrees to pay $1.9 billion in fines. a lot of money certainly. but for this bank it's the equivalent of roughly seven weeks of profits. in exchange, these are among the charges that will now disappear. laundering more than $880 million in drug money. and allowing $660 million in prohibited transactions from countries including libya, cuba, burma, sudan and iran. federal prosecutors say the bankers didn't just look the other way, they actually went a step further. one occasion hsbc instructed a bank in iran on how to format payment messages so that the transactions would not be blocked or rejected by the united states. >> shepard: in other words, the bankers told the iranians how to get around our laws. in a statement, the bank's chief executive says we accept responsibility for our mistakes. we have said we are profoundly sorry for them and we do so again. so the bank is sorry but again nobody is going to prison. prosecutors say some people at the justice d
the justice department announced agreement with hsbc the biggest bank in all of europe. as part of of the deal hsbc agrees to pay $1.9 billion in fines. a lot of money certainly. but for this bank it's the equivalent of roughly seven weeks of profits. in exchange, these are among the charges that will now disappear. laundering more than $880 million in drug money. and allowing $660 million in prohibited transactions from countries including libya, cuba, burma, sudan and iran. federal...
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>> well, i just spent two weeks in europe, and i don't think things are as bad in europe as a lot of people do. liz: why not? >> the politicians, the bankers and the bureaucrats are the same in europe as they are here. they don't want to lose their jobs, and they're going to continue to paper over this and try to buy time just like we did in our fiasco in '07, '08 and '09. david: david, on the other hand, some people would say what they're doing is stunting growth, raising tax rates, something that may stunt our growth as well. you say that this bull market is overbought right now. it's about to end. why and how sharp a correction are you expecting? >> well, we believe that the high of 12 weeks ago was probably the high for the whole recovery cycle the that started in march of '09. remember that the u.s. stock market was the only market in the world that made a new high this year. we were the best looking house on a very bad looking street. and we believe that the market is overvalued perhaps 20-30%, but we also believe, as jeff did, that europe is important. we are much more pessimi
>> well, i just spent two weeks in europe, and i don't think things are as bad in europe as a lot of people do. liz: why not? >> the politicians, the bankers and the bureaucrats are the same in europe as they are here. they don't want to lose their jobs, and they're going to continue to paper over this and try to buy time just like we did in our fiasco in '07, '08 and '09. david: david, on the other hand, some people would say what they're doing is stunting growth, raising tax...
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Dec 29, 2012
12/12
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KQED
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decide whether to extend its hand to it is long, whether its capital should no longer stand alone in europe. >>> sports news, nadal said he will not play next month and the australian open because of illness. he is still struggling with a stomach virus. the illness has disrupted his recovery from a knee injury. he confirmed today that he will miss both the australian open and the warm-up event in doha. >>> a wave of films catering to older audiences. one of the most successful stars british actors in their sixties and seventies. they have been doing well worldwide, particularly in the u.k. and the u.s. from the york, we have this report. >> a trend, old people in the movies. next month, a movie set at a retirement home story musicians and several british actors. tommy lee jones succeeded this year in "i hope springs" been called a midlife romantic comedy. and then there was the marigold hotel, the story of a british retiree at a hotel in india that has been very profitable, costing $10 million to make, taking in $140 million around the world. the film cast is unusual because of many of its
decide whether to extend its hand to it is long, whether its capital should no longer stand alone in europe. >>> sports news, nadal said he will not play next month and the australian open because of illness. he is still struggling with a stomach virus. the illness has disrupted his recovery from a knee injury. he confirmed today that he will miss both the australian open and the warm-up event in doha. >>> a wave of films catering to older audiences. one of the most successful...
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were in that i've heard i've heard that argument so many times we were not making goods for export to europe after world war two after world war two if you look at our exports they only want to about a percent and a half as a percentage of our genius also i know you are helping them rebuild their own factories and the regulatory burden on manufacturing escalated and say the one thousand aerial tour of burden was huge in the bakken in the in the ninety's and fifty's because in their active area water act it destroyed the shoe industry in massachusetts nonsense what destroyed the history was that was the end of tariffs on shoes and it's my favorite example is shoes now now because i mean a river i mean you can swim the top river now you couldn't in one thousand nine hundred two but but you can you can make sure this is how this works out but it's sort of making a point so what that isn't. you know completely bored of this. in order to have our manufacturing base back is that is that where the argument i'm not sure if that's where you want to go but i mean if you don't say that it was all let m
were in that i've heard i've heard that argument so many times we were not making goods for export to europe after world war two after world war two if you look at our exports they only want to about a percent and a half as a percentage of our genius also i know you are helping them rebuild their own factories and the regulatory burden on manufacturing escalated and say the one thousand aerial tour of burden was huge in the bakken in the in the ninety's and fifty's because in their active area...
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Dec 9, 2012
12/12
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CSPAN2
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were the great financial expansion with the housing market have been 10 japan still fully with europe and the lesson here is how we let the excess of the housing and member those days you talk about the property around the imperial palace in tokyo? 200 acres was equal to all real-estate of california. that was very old school to talk about it. >> when you talk to fed officials. >> i am off the record. [laughter] >> host: but not now. you have a microphone. [laughter] but when i do the rio the frustration of the criticism there easing too much to say that is the only course of action in the face of a political class not doing much. >> they get it both directions but if you think you can it you are right they have a lot of criticism last few days from the emerging countries that somehow the measures the federal reserve is undermining the prospects for the developing world. we have a responsibility. but i don't understand. it is pretty wild with the causes and the fact and chairman bernanke said the other day that they aim for a policy that in the long run will help everybody. that is th
were the great financial expansion with the housing market have been 10 japan still fully with europe and the lesson here is how we let the excess of the housing and member those days you talk about the property around the imperial palace in tokyo? 200 acres was equal to all real-estate of california. that was very old school to talk about it. >> when you talk to fed officials. >> i am off the record. [laughter] >> host: but not now. you have a microphone. [laughter] but when...
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Dec 28, 2012
12/12
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WETA
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eye 114
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decide whether to extend its hand to it is long, whether its capital should no longer stand alone in europe. >>> sports news, nadal said he will not play next month and the australian open because of illness. he is still struggling with a stomach virus. the illness has disrupted his recovery from a knee injury. he confirmed today that he will miss both the australian open and the warm-up event in doha. >>> a wave of films catering to older audiences. one of the most successful stars british actors in their sixties and seventies. they have been doing well worldwide, particularly in the u.k. and the u.s. from the york, we have this report. >> a trend, old people in the movies. next month, a movie set at a retirement home story musicians and several british actors. tommy lee jones succeeded this year in "i hope springs" been called a midlife romantic comedy. and then there was the marigold hotel, the story of a british retiree at a hotel in india that has been very profitable, costing $10 million to make, taking in $140 million around the world. the film cast is unusual because of many of its
decide whether to extend its hand to it is long, whether its capital should no longer stand alone in europe. >>> sports news, nadal said he will not play next month and the australian open because of illness. he is still struggling with a stomach virus. the illness has disrupted his recovery from a knee injury. he confirmed today that he will miss both the australian open and the warm-up event in doha. >>> a wave of films catering to older audiences. one of the most successful...
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Dec 4, 2012
12/12
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MSNBCW
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i am the last and only dictator in europe and there are none anywhere else in the world. you came here and looked at a living dictator. where else would you see one?" imagine what it feels like to envy yourself. it would be totally inappropriate for our country to be friendly with guys who run these republics. that are psyched to be referred to as a dictator. but in the real world, we do have some relationships with these types of leaders and these types of countries. sometimes our presidents even go speedboating with these types of leaders. we do as a country, even when they are creeps, we do lead projects with them that our government sees as in our national interests. so in belarus, they gave up their nuclear weapons in the 1990s, but it was a big deal and a surprising thing when the obama administration got belarus to give up their highly enriched uranium too. their stockpile of the material was taken away and secured by the united states. the guy in kazakhstan, the guy who named a national holiday in his own honor, he agreed to give up a portion of his country's high
i am the last and only dictator in europe and there are none anywhere else in the world. you came here and looked at a living dictator. where else would you see one?" imagine what it feels like to envy yourself. it would be totally inappropriate for our country to be friendly with guys who run these republics. that are psyched to be referred to as a dictator. but in the real world, we do have some relationships with these types of leaders and these types of countries. sometimes our...
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Dec 14, 2012
12/12
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CURRENT
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and europe has produced almost no innovation. we produce almost all of it. we pulled their growth rate up because of the success in the united states. >> eliot: jeff, i'll get to you in ten seconds. if taxes were 100%, people would theoretically sit at home. when we're talking about a rise from 35% to 39% -- >> they sit at home in europe. >> eliot:, here we have a database to say what has happened when we move them marginally from 35% to 39.6%. they were created when the rates were at 39.6%. i don't see the causation. >> i think your viewers have to be very aware of the nature of these academic studies. there have been leading economists who have looked at this inside and out. the congressional research service, i believe was asked by the republicans to take that down. they cannot find a correlation between higher tax rates and slower economic growth. just let me finish, okay? clinton raised the tax -- people like feldstein and barro to do the arithmetic will undermine economic growth, be predicted a recession. we did not get a recession. let's look at the e
and europe has produced almost no innovation. we produce almost all of it. we pulled their growth rate up because of the success in the united states. >> eliot: jeff, i'll get to you in ten seconds. if taxes were 100%, people would theoretically sit at home. when we're talking about a rise from 35% to 39% -- >> they sit at home in europe. >> eliot:, here we have a database to say what has happened when we move them marginally from 35% to 39.6%. they were created when the rates...